Anderson Nicolas C has made a notable move by acquiring 40 shares of Bank of Marin Bancorp, as reported in a recent SEC filing. This transaction took place on October 29, 2026, and reflects Nicolas's ongoing confidence in the bank's future performance.

The acquisition increases Nicolas's total ownership to 13,826 shares of the bank. Such insider transactions can often serve as indicators of management sentiment, particularly in the competitive landscape of state commercial banking.

Background

Anderson Nicolas C is associated with Bank of Marin Bancorp, which operates in the state commercial banking sector. The bank is based in Novato, California, and is known for its financial services tailored to local communities. The most recent filing by Nicolas was made on October 30, 2026, reporting this acquisition.

What the Filing Says

"Transaction Date: 2026-10-29, Shares Acquired: 40, Price per Share: $28.44"

Impact

This transaction may affect both the perception of Bank of Marin Bancorp among investors and the competitive dynamics within the state commercial banking sector. Such insider purchases can signal to the market that those closest to the company believe in its prospects.

What's Next

The filing does not say what happens next.

Details of the Transaction

The transaction was classified under the SEC Form 4 as a purchase, indicated by the transaction code 'P'. The shares were acquired at a price of $28.44 each, totaling an investment of $1,137.60 for the 40 shares.

Ownership Structure

Following this acquisition, Anderson Nicolas C now holds a total of 13,826 shares of Bank of Marin Bancorp, reflecting direct ownership. This transaction highlights Nicolas's role as a director of the bank, emphasizing his commitment to the institution's success.

Company Overview

Bank of Marin Bancorp, with a Central Index Key of 0001403475, operates in the state commercial banking sector, classified under the Standard Industrial Classification code 6022. The bank is incorporated in California and has its fiscal year ending on December 31.

Contact Information

The business address for Bank of Marin Bancorp is located at 504 Redwood Boulevard, Suite 100, Novato, CA 94947. For further inquiries, the bank's business phone number is 415-763-7781.